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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (335599)	4/27/2007 7:50:16 PM
From: bentway	Read Replies (3) \| Respond to of 1574001

"no one, absolutely no one on this damn planet is worth $39 million in 4 months." I'd like to resubmit my "maximum wage/compensation" idea to the thread..

To: tejek who wrote (335599)	5/2/2007 2:29:30 PM
From: TimF	Read Replies (1) \| Respond to of 1574001

no one, absolutely no one on this damn planet is worth $39 million in 4 months. If 1 - The CEO's efforts and decisions produce more than $39 mil additional profit (or reduced losses) to the company per quarter and 2 - The high priced CEO's effort produce more additional profit or reduced losses then would be achieved by a lower priced CEO, even when you adjust for the difference in salaries and 3 - The market cost to get such a CEO is at least $39 mil/quarter then the CEO is worth at least $39 mil a quarter. Now it might be true for any given company, or even for every single company, that there is no CEO for which all of those factors will apply. If so then there would be no actual or potential CEO worth that much money. But that doesn't mean that its impossible to have one, it just means that one doesn't exist now. Maybe such a CEO (or potential CEO) exists, maybe one does not. Its impossible to be sure except in hindsight (and even then it can be hard to be sure that all of the conditions applied). I imagine that this particular CEO wasn't worth that much. But again its hard to be sure. Would Ford be in a better position if they had hired someone cheaper? Not if he made much worse decisions, but I don't know much about the job performance of this CEO, so its really not possible for me to conclusively determine if he was worth it.